Claim your share of the growing debt protection program market, increase fee income and retain more customers. CSC has the experience to create a debt protection program for any of your lending lines: credit card, HELOC, mortgage, consumer, or direct and indirect auto. Only CSC gives you deep expertise in lending and bank insurance from an independent servicer. Our customer-centric system easily interfaces to your lending platforms for seamless exchange of information. CSC will guide and assist you through all phases of program design, installation and operation. Because CSC provides the resources, your organization can get to market with a debt protection program without a capital investment and in the shortest possible time.
Treating debt protection like credit insurance will lead to an ineffective or failed program. Debt protection is an addendum to your loan and requires a strategic partner that understands loans and lending systems. CSC’s debt protection programs have been market proven at the largest U.S. banks. We have the knowledge and experience to design, launch and manage a wide variety of debt protection offerings to meet your organization's needs. We can even provide actuarial assistance and help you develop reserves for losses and/or obtain contractual liability policies to manage risk.
Brochures
Debt Protection Brochure
With a proven history of delivering successful results, CSC can create debt protection programs tailored to your portfolio and your expectations.
Debt Protection Overview
Debt protection lets banks create a national program with one rate structure that meets various states' rules instead of multiple plans.
Unlock Lending Relationships
CSC's comprehensive services include loan servicing, insurance tracking, warranty administration, bank insurance and debt protection.
Implementing Debt Protection
CSC's John Kilgore discusses five reasons why debt protection is not a type of credit insurance and lending knowledge is essential.
Tailor CSC’s Services or Outsource Your Whole Process
CSC's debt protection services can be implemented in total or à la carte and include the following:
- Internet-based sales tools
- Electronic payment and delinquency processing
- Solicitation campaigns
- Electronic and hardcopy application processing, including data entry
- Commission payments
- Automated generation of contracts, letters and other correspondence
- Printing and mailing of debt protection terms and conditions
- Benefit activation
- Inbound/outbound call center support
- Cancellation and retention processing
- Real-time interfaces with your lending system
- Lender support services
- Data warehouse management reporting.
For More Information
Contact us by phone or e-mail about debt protection services. Only CSC will use the information you provide.